JPMorgan maintained its overweight rating on Paytm with a target price of Rs 1,000. Paytm is undergoing a model shift from chasing “growth at any loss”, the global investment bank said.
Q3 earnings recovery could trigger market upswing: Nikhil Ranka
Nikhil Ranka from Nuvama Asset Management suggests that the market has corrected, presenting an 8–9% upside from the Nifty’s fair value. IT stocks appear to